Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $30,440.002.34% 24H
    BITCOIN
    24H : 2.34%
    Volume : $23,570,215,376.00
    Marketcap : $578,903,942,837.00
  • ethereumEthereum(ETH)
    $2,077.432.27% 24H
    ETHEREUM
    24H : 2.27%
    Volume : $16,296,875,268.00
    Marketcap : $250,903,105,438.00
  • binancecoinBNB(BNB)
    $303.033.59% 24H
    BNB
    24H : 3.59%
    Volume : $1,488,547,623.00
    Marketcap : $50,714,295,661.00
  • rippleXRP(XRP)
    $0.4301.22% 24H
    XRP
    24H : 1.22%
    Volume : $2,155,053,214.00
    Marketcap : $20,868,820,051.00
  • cardanoCardano(ADA)
    $0.5768.81% 24H
    CARDANO
    24H : 8.81%
    Volume : $1,058,774,736.00
    Marketcap : $19,475,807,643.00
  • terra-lunaTerra(LUNA)
    $0.00024-18.82% 24H
    TERRA
    24H : -18.82%
    Volume : $2,359,806,267.00
    Marketcap : $1,583,172,195.00
Coinscreed
No Result
View All Result
homerun token
Home Bitcoin News

Bitcoin market: increases by 15% in 3 hours

Chide Austin by Chide Austin
10 months ago
in Bitcoin News, News
Reading Time: 3 mins read
A A
Share on FacebookShare on Twitter
Bitcoin has soared in recent days, reaching $40,000 for the first time this month to test resistance.
Bitcoin market: increases by 15% in 3 hours

Just a few hours earlier today, the price of Bitcoin increased by more than ten percent, with prices fast rising from around $35,000 to just shy of $40,000 on July 26.

In the price action, we can see a dramatic short squeeze that happened as soon as prices broke above $35,000, with bullish momentum abruptly quickening as prices quickly surged 15 percent from about $34,000 to $39,800 in less than three hours.

SuggestedArticles

Goldman Sachs And Barclays Invest In UK's Elwood Crypto Trading Platform

Goldman Sachs And Barclays Invest In UK’s Elwood Technologies

13 mins ago
Nigeria Announces New Crypto Asset Rules

Nigeria Market Regulator Announces New Crypto Asset Rules

2 days ago

And folks, we have our squeeze. https://t.co/Lflcp7MZuw

— Willy Woo (@woonomic) July 26, 2021

Bitcoin, on the other hand, had gained around $30,000 over the previous five days, bringing it to $34,000. Bitcoin is currently trading for approximately $38,500 at the time of writing.

As reported by CoinMarketCap, Bitcoin has been the top gainer among the top 30 crypto assets by capitalization during the past 24 hours, achieving a gain of about 13 percent.

Many technical indicators have returned to providing optimistic signals as a result of the rapid rise, with prominent analyst Lark Davis noting his 426,000 followers that Bitcoin’s price is once again going above its 50-day moving average as a result of the rally.

Oooohhhh….. #bitcoin just reclaimed the 50-day moving average! Nice! pic.twitter.com/xpS3kiUV16

— Lark Davis (@TheCryptoLark) July 26, 2021

Aside from Polkadot and Chainlink, which have both gained more than 11 percent in the past 24 hours, the following stocks are among the day’s biggest gainers:

With Dogecoin trading at less than 9 percent for the day, it appears that the influence of Elon Musk’s Twitter account on the meme-markets coin’s is beginning to wane. On July 25, Musk posted a meme declaring that “Dogecoin is money,” which was quickly deleted.

However, despite Musk’s efforts, Dogecoin appears to have tracked the broader altcoin markets, with most large-cap crypto assets seeing high single-digit gains for the day.

#Bitcoin is money

— Jay_OKEX_CEO (@JayHao8) July 25, 2021

The cryptocurrency Ether is also trailing the pack, with a gain of almost 7 percent in just the last 24 hours, despite next month’s rapidly approaching London upgrades.

As a result, ETH has been the worst-performing cryptocurrency among those rated among the top ten by market capitalization over the last day and a half.

Tags: bitcoinmarket

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.